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China-based financial analysts have a tradition of issuing stock picks for the Chinese New Year. But in what might rank as the earliest-ever release of such holiday stock advice, J.P. Morgan on Monday laid out its favorites for the upcoming Year of the Snake.

Chinese New Year 2013 doesn\’t fall until Feb. 10, but perhaps the bank\’s strategists, including co-author and frequent CNBC guest commentator Adrian Mowat, felt the pre-Thanksgiving strategy report was necessary to garner an early lead in light of the all the media attention this year towards China and its once-in-a-decade leadership transition.

Fittingly, the report was distributed to the news media Wednesday, the same day in which the Shanghai Composite Index sank to a fresh multi-year lower in the morning session but then snapped back sharply to end 1.1% higher, with some analysts suspecting government intervention in the market.

While jitters over China\’s economy continue to swirl around financial markets, Stephen Davis of boutique firm Signal Investment Research is taking a somewhat contrarian view with six reasons that the worst is already over.

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